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Why employee retention is important in the construction industry

Homebase

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? What is employee retention?

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Employee retention strategies: how to keep your best employees

Homebase

If it isn’t already on your mind, it’s time to look into employee retention strategies and add to your to-do list for 2023. Headaches aside, the cost of losing an employee can be astronomical for small businesses and those with smaller profit margins. What is employee retention?

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The 7 Best Employee Retention Ideas We’ve Ever Seen

ForUsAll

Employee turnover is a frustrating problem. Employee turnover is a really difficult problem to fix, too. Employee turnover isn’t an unsolvable problem. Some notable companies have gone above and beyond to turn themselves into workplaces their employees love and never want to leave.

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Employee Retention in Health Care: 4 Keys to Keep Your Best and Brightest

HR Morning

Because the current healthcare climate is heavily focused on meeting strict quality guidelines from the feds and payors while providing top-notch care, employee retention in healthcare is more critical than ever. Retention is difficult in the healthcare industry for several reasons – one of the most significant being employee burnout.

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The Great Resignation of 2021, explained

Rise

They found that mid-career employees or those between “30 and 45 years old have had the greatest increase in resignation rates, with an average increase of more than 20% between 2020 and 2021”. While many people are faced with hiring woes, the real issue according to CNBC is retention. better offers) rather than push factors (e.g.

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Employee engagement strategies that will boost employee retention

Homebase

Having employee engagement strategies should be top of mind for business owners. Studies have shown time and time again that engaged employees work harder, stay in their jobs longer, and bring in more money. What is employee engagement? Employee engagement is more than just employee happiness or employee satisfaction.

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Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

Employee Retention and Benefits. HR Metrics: How and Why to Calculate Employee Turnover Rate? 20 Ideas for Funny Employee Awards. 8 Examples of Giving Positive Feedback to Employees. Definition, Strategy, Process and Models. What’s Wrong With Retention Bonuses? Data-Driven Recruitment.

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